Kootenay’s President & CEO, James McDonald joins GoldSeek TV to talk about the company’s portfolio of silver projects and the big discoveries taking place at its Columba silver project, which just released its maiden resource of 54Moz at 284 gpt Silver.
Jim McDonald shares more on the current state of Kootenay Silver including news of a very large financing:
The Columba Silver project is giving off excellent results, incredible grades and thickness. It is a new vein district and we are hitting consistently hole after hole. Grades are hitting significant silver intercepts. The district itself has a 100 million silver ounce potential and maybe even multiples of that. These vein districts usually have a few key vein structures which hold the vast majority of everything and for us, the D-vein is going to be that for us, we are pretty sure. We are hitting consistently including 98 meters of over 200 grams and hitting the vein consistently over 700 meters and it remains open at depth.
Jim McDonald gives us an update from last November’s interview in Zurich which je stated, “Kootenay has drilled already 30,000 meters at the start of this year (2024) and drilling 20,000 meters currently under the current program, this will give us about 200 holes and this should be enough for a maiden silver resource. Our anticipation is for an initial resource of 50 million silver ounces and expectation is for much more.” Now with the maiden resource just published, we discuss the next targets for the project in 2025+ and the path to possibly 100+ million ounces.
Before this maiden resource was released, collectively Kootenay Silver held over 1/4 billion ounces of silver resources (measured and indicated plus inferred) from their other three Mexican silver projects, plus what will be added from the Columba project (+54M ounces). In late 2023 Kootenay updated resources on their other projects, enhancing the value of the silver deposits with potential to expand the size and ready to move forward when the silver market revives.
Listen in to learn more about this exciting high-grade Silver discovery in Mexico! To learn more about Kootenay Silver, please visit their website: https://kootenaysilver.com/
To learn more about the Maiden Resource at Columba, please visit: https://kootenaysilver.com/news/kootenay/2025/kootenay-silver-delivers-maiden-resource-estimate-of-54-moz-at-284-gpt-silver-highlighting-high-grade-potential-at-columba-project
Please note, employees at GoldSeek are long-term shareholders in Kootenay Silver and the company has been a supportive sponsor of both GoldSeek.com and/or SilverSeek.com.
About the author
Founder and President of GoldSeek.com and SilverSeek.com
Twitter: @GoldSeek
His experience with the precious metals markets started back in the mid-1990s, which led to the creation of GoldSeek.com in 1995. Today GoldSeek.com ranks within the top, most-visited gold investor websites in the world with a 250,000+ global monthly reader outreach. Its sister site, SilverSeek.com, is ranked as the most visited silver website in the world recently reaching 100,000+ monthly silver investor readers.
With over 15 years of experience with investing into gold and silver mining companies, Peter devotes much of his time researching, consulting and investing into gold and silver stocks with a primary focus on micro-caps. His focus is also heavily on gold and silver’s return as monetary metals and the ongoing monetary and financial developments with a global perspective.
Back at the start of the new secular precious metals bull market, Peter established the technically+fundamentally-focused subscription newsletter, Gold Seeker Report. In 2005, he merged the service and co-founded The Gold & Silver Forecaster weekly newsletter.
Peter also specializes in assisting start-up / micro-cap ($1M - $100M+ market caps) companies connect with investors, capital among other specialized consulting services - typically IPO, undiscovered or turnaround situations.
In 2008 he launched an online gold and silver auction house - SeekBullion.com - which in its first year has auctioned over $10 million in bullion and coins with an additional $10M in the coming couple years. In 2012 the site is now under re-development pending a future re-launch.
Peter also makes frequent appearances in the media, including Investors Business Daily, MarketWatch, Reuters, and theStreet.com
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